The Asian Development Bank (ADB) will be providing a $80m loan to upgrade the electricity transmission ring line system in Yangon, Myanmar, to 230kV from the present 66kV capacity.

The upgrades are aimed to improve the transmission capacity of the Thida-Thaketa-Kyaikasan transmission ring lines, which serves more than one million consumers.

The project will also involve construction of two new substations at South Okkalapa and West University.

Once developed, the new 230kV ring for Yangon will be connecting the substations of Ahlone, Thida, Thaketa, South Okkalapa, Hlawga, Myang Tagar, West University, Hlaing Thayar, and connect back to Ahlone.

"The aging and overloaded transmission network requires urgent improvements to provide stable and ample supplies of power."

ADB Southeast Asia department senior energy economist Bui Duy Thanh said: "The aging and overloaded transmission network requires urgent improvements to provide stable and ample supplies of power to support the country’s economic growth targets and poverty reduction objectives.

"Yangon plays a central role as an economic hub for the country and this assistance will help the government ensure reliable power supplies are provided to the city and surrounding areas."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This transmission line upgrade is expected to associate with other power infrastructure upgrades, which are being implemented by the Myanmar Electric Power Enterprise.

In order to keep up with economy growths of around 7.8% per year over the next ten years, and the power demand increase of around 9% annually to 2030, the Southeast Asian country requires strengthening of its energy transmission and distribution networks, ADB said.

Growing power demands will also need Myanmar to seek additional energy sources.

The financial body had been assisting the country in meeting its energy goals through infrastructure upgrades, regulatory development and institutional capacity building.

A $60m loan had been approved by ADB by the end of 2013 for Myanmar to support rehabilitation of sections of its power distribution network.